Ofcom, a UK digital regulator, has announced that it will conduct a range of investigations into digital markets, including cloud computing, internet messaging, and smart devices, bringing a further rise to the scrutiny of the world''s largest tech companies.
Ofcom, which works with broadcasting, telecoms, and the postal service, has announced that it will first examine whether such as Amazon''s AWS, Microsoft''s Azure, and Alphabet''s Google Cloud might limit innovation and growth. They receive approximately 88% of the total revenue in the UK public cloud infrastructure market, which Ofcom predicted is worth $16.85 billion (about Rs. 8,072 crore).
The investigation continues a slew of global scrutiny into the possibility that Silicon Valley firms have gained influence on a wide range of markets. In June, the Competition and Markets Authority, the UK''s antitrust regulator, launched a separate investigation into the Google Play store over alleged anticompetitive conduct.
If Ofcom finds a market isn''t working as it should, it may take the matter to the government, report antitrust matters to the CMA, take enforcement action itself or accept remedies from a business.
The calling and messaging study will examine services such as Meta Platforms'' WhatsApp, Apple''s FaceTime, and Zoom Video Communications, as well as issues such as whether they should be able to interact more.
The smart devices investigation is intended to investigate connected televisions and speakers, as well as their bargaining power with those who produce content such as entertainment and news.
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